Information
TVL
Stablecoin Info
Fees and Revenue
Frax FPI (FPIS)
Total Value Locked$661,057
| Ethereum | $661,057 |
|---|
| Market Cap | $15.95m |
|---|---|
| $0.54 | |
| Fully Diluted Valuation | $53.8m |
| $1,917 | |
| $149,697 | |
| $643,465 | |
| $322,336 |
Protocol Information
The Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is the first stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average. The FPI stablecoin is intended to keep its price constant to the price of all items within the CPI basket and thus hold its purchasing power with on-chain stability mechanisms.f locking the asset.
Category:Algo-Stables